Marshall Financial Group LLC Has $1.33 Million Stock Position in Qualys, Inc. (NASDAQ:QLYS)

Marshall Financial Group LLC raised its position in Qualys, Inc. (NASDAQ:QLYS) by 2.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,312 shares of the software maker’s stock after buying an additional 219 shares during the period. Marshall Financial Group LLC’s holdings in Qualys were worth $1,325,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Qualys by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 3,839,801 shares of the software maker’s stock worth $640,748,000 after acquiring an additional 83,504 shares in the last quarter. Boston Trust Walden Corp boosted its stake in Qualys by 9.8% in the second quarter. Boston Trust Walden Corp now owns 809,014 shares of the software maker’s stock worth $115,365,000 after purchasing an additional 72,261 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Qualys by 50.9% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 501,847 shares of the software maker’s stock worth $83,743,000 after purchasing an additional 169,293 shares during the last quarter. Renaissance Technologies LLC increased its stake in shares of Qualys by 15.3% in the second quarter. Renaissance Technologies LLC now owns 474,100 shares of the software maker’s stock valued at $67,607,000 after buying an additional 63,000 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of Qualys by 0.8% in the second quarter. Bank of New York Mellon Corp now owns 439,434 shares of the software maker’s stock valued at $62,663,000 after buying an additional 3,357 shares during the last quarter. 99.31% of the stock is owned by institutional investors.

Insider Buying and Selling at Qualys

In other news, insider Bruce K. Posey sold 1,339 shares of the firm’s stock in a transaction dated Monday, July 22nd. The stock was sold at an average price of $143.35, for a total transaction of $191,945.65. Following the sale, the insider now owns 58,947 shares of the company’s stock, valued at $8,450,052.45. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Qualys news, CEO Sumedh S. Thakar sold 7,000 shares of Qualys stock in a transaction that occurred on Monday, October 14th. The shares were sold at an average price of $125.21, for a total value of $876,470.00. Following the transaction, the chief executive officer now owns 179,649 shares of the company’s stock, valued at approximately $22,493,851.29. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Bruce K. Posey sold 1,339 shares of the stock in a transaction on Monday, July 22nd. The stock was sold at an average price of $143.35, for a total transaction of $191,945.65. Following the sale, the insider now directly owns 58,947 shares of the company’s stock, valued at $8,450,052.45. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 11,535 shares of company stock valued at $1,469,140. Company insiders own 1.00% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Scotiabank decreased their price objective on shares of Qualys from $167.00 to $150.00 and set a “sector perform” rating on the stock in a report on Wednesday, August 7th. Truist Financial lowered their price target on shares of Qualys from $165.00 to $130.00 and set a “hold” rating for the company in a report on Wednesday, August 7th. DA Davidson upgraded shares of Qualys from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 7th. Piper Sandler decreased their price objective on Qualys from $116.00 to $115.00 and set an “underweight” rating on the stock in a research report on Wednesday, August 7th. Finally, Needham & Company LLC restated a “hold” rating on shares of Qualys in a research report on Wednesday, August 7th. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $146.08.

Qualys Stock Performance

Shares of NASDAQ QLYS opened at $124.43 on Friday. Qualys, Inc. has a 52-week low of $119.32 and a 52-week high of $206.35. The stock has a market cap of $4.60 billion, a P/E ratio of 28.80 and a beta of 0.46. The firm has a 50 day moving average price of $124.62 and a 200 day moving average price of $140.40.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings results on Tuesday, August 6th. The software maker reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.20. Qualys had a net margin of 29.36% and a return on equity of 44.80%. The company had revenue of $148.70 million for the quarter, compared to analysts’ expectations of $148.80 million. During the same period last year, the firm posted $0.95 earnings per share. The business’s quarterly revenue was up 8.4% compared to the same quarter last year. Analysts predict that Qualys, Inc. will post 3.94 earnings per share for the current fiscal year.

Qualys Profile

Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.